WASHINGTON—Registration is still available for a Financial Accounting Standards Board (FASB) Dec. 14 webcast that will update private and not-for-profit organizations on the board's standard-setting agenda, including credit losses implementation.
Fresh Today
NEW YORK—Goldman Sachs Group Inc. and a venture founded by one of its former partners, billionaire Mike Novogratz, are investing about $15 million in cryptocurrency custodian BitGo Holdings Inc., as the bank's wealthy clients keep asking about secure ways to hold those assets, Bloomberg reports.
WASHINGTON–For the first time in more than a decade, a section of the U.S. Treasuries yield curve inverted.
WASHINGTON—NAFCU, CUNA and CU representatives joined a roundtable this week at the Small Business Administration with the Justice Department (DOJ) at which the associations again called for the department to offer guidance and standards for website accessibility under the Americans with Disabilities Act (ADA).
WASHINGTON—NAFCU Senior Counsel for Policy and Research Andrew Morris this week offered the association's general support for NCUA's proposed rule regarding real estate appraisal requirements, which seek to make the commercial real estate appraisal standards for credit unions more consistent with the changes other regulators have made for banks.
WASHINGTON—Bipartisan members of the California congressional delegation have written to Bureau of Consumer Financial Protection Acting Director Mick Mulvaney to urge the agency to implement consumer protections regarding Property Assessed Clean Energy (PACE) financing.
CHICAGO—Auto loans, credit cards and personal loans all saw year-over-year growth in subprime originations this past quarter, according to a new report.
COLORADO SPRINGS, Colo. – Ent Credit Union said it is paying out more than $11 million from its 2018 Ent Extras rewards program.
KINGSPORT, Tenn. — Eastman Credit Union has announced an Extraordinary Dividend of $13 million, which brings the total to $118 million paid to members since 1998.
WASHINGTON—NAFCU's Ann Kossachev and Kaley Schafer met with NCUA to discuss the agency's efforts to implement a provision of the Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155) related to preventing elder abuse.